Khadim India Limited has reported its financial results for the quarter ending December 31, 2024 (Q3 FY25), reflecting modest revenue growth but a decline in net profit. The company’s performance highlights mixed results as operational challenges weighed on profitability.
The company’s revenue from operations for Q3 FY25 stood at Rs 160.17 crore, marking a 2.54% increase compared to Rs 156.20 crore in Q3 FY24. The slight revenue growth was driven by steady sales in key markets despite a challenging macroeconomic environment.
Net profit for the quarter declined to Rs 11.58 crore, representing a 36.4% drop from Rs 18.20 crore in Q3 FY24. The decline in net profit was primarily due to higher costs incurred during the quarter.
Total expenses for Q3 FY25 amounted to Rs 163.02 crore, compared to Rs 155.51 crore in Q3 FY24. The cost of materials consumed stood at Rs 32.13 crore, while purchases of stock-in-trade were Rs 46.01 crore. Employee benefits expenses increased to Rs 19.05 crore, compared to Rs 17.78 crore in the same quarter last year, reflecting increased compensation and workforce costs.
Profit before tax for the quarter stood at Rs 15.82 crore, lower than Rs 24.65 crore in Q3 FY24. The company’s tax expense for the quarter was Rs 4.24 crore, resulting in a net profit of Rs 11.58 crore.
Key Highlights:
- Revenue from operations: Rs 160.17 crore, up 2.54% YoY
- Net Profit: Rs 11.58 crore, down 36.4% YoY
- Profit before tax: Rs 15.82 crore, reflecting reduced profitability
Khadim India’s Q3 performance reflects the need for further cost management efforts to improve profitability, despite modest revenue growth.
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